Grade GResponsible for providing comprehensive strategic and solution-focused guidance on legal and risk-related matters and projects, to assist BP in minimising its legal and reputational risks.Job Family Group:
Legal Group

Job Description:

Role Synopsis

• Additional lawyer is now required to support bp Trading & Shipping (T&S) in respect of its Gas & Power Trading business.
• T&S trades, purchases and supplies natural gas, biogas and power in the liberalised power markets across Europe through its Gas & Power Trading International business unit and trades primary and secondary low carbon products (e.g. emissions, green fuel certificates) around the world through its Low Carbon Solutions business unit.
• Both these businesses are currently supported by a legal team of ten lawyers based in Canary Wharf, London and a lawyer based in Madrid, all reporting to the Managing Counsel, Gas & Power Trading Europe.
• Renewable power, biogas and low carbon products are central to bp's Integrated Energy Company and net carbon ambitions whilst natural gas is a key transactional fuel and the team also plays a role in supporting bp's developing offshore wind and physical green and blue hydrogen businesses. Accordingly this legal team is experiencing ever increasing demands for its services.
• Experience of the European energy markets and contracts is essential for the role but this may be in any one or more of the natural gas, biogas, power, renewable power, emissions or carbon markets. Typically the lawyers in the team each work on two commodities and these commodities can and will change over time.
• As the team supports a European business it consists of a mix of English and European qualified lawyers, the majority based in London

Key Accountabilities:

• Legal support for a part of T&S's natural gas, biogas, power or carbon businesses depending on business need.
• Legal support through the transactional cycle including drafting and negotiation of both bespoke gas and power sale and purchase agreements as well as master trading agreements and the use of master trading agreements to document structured trades.
• Advising on credit support structures, collateral, netting and margining tools.
• Legal support for M&A activity including joint ventures.

Essential Education:

• Qualified lawyer (Civil or Common Law)

Essential Experience and Job Requirements:

• Experience of the United Kingdom and European liberalised natural gas, power, biogas or carbon markets
• Good drafting and negotiation skills and confidence handling lengthy and complex documentation.
• Ability to prioritise conflicting demands, operate effectively against short timelines and provide prompt and commercially focused advice.
• A team player who is able to work closely with legal colleagues, originators, traders and other functions.

Desirable Criteria:

European languages. M&A, joint venture or corporate lending experience.

Why join us?

At bp, we support our people to learn and grow in a diverse and challenging environment. We believe that our team is strengthened by diversity. We are committed to crafting an inclusive environment in which everyone is respected and treated fairly.

Diversity Statement:

At bp, we provide an excellent environment and benefits such as an open and inclusive culture, a great work-life balance, tremendous learning and development opportunities to craft your career path, life and health insurance, medical care package and many others!

Diversity sits at the heart of our company and as an equal opportunity employer, we stay true to our mission by ensuring that our place can be anyone's place. We do not discriminate based on race, religion, colour, national origin, gender and gender identity, sexual orientation, age, marital status, veteran status or disability status.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application and interview process, to perform essential job functions, and to receive other benefits and privileges of employment.

Travel Requirement:
Negligible travel should be expected with this role

Relocation Assistance:
This role is not eligible for relocation

Remote Type:
This position is a hybrid of office/remote working

Skills:
Carbon Markets, Energy Contracts, Energy Markets, Legal Cases, Legal Experience, Natural Gas, Natural Gas Trading, Power Market, Power Trading

Legal Disclaimer:

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, socioeconomic status, neurodiversity/neurocognitive functioning, veteran status or disability status. Individuals with disabilities may request a reasonable accommodation related to bp's recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an accommodation related to the recruitment process, please contact us to request accommodations.

If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.